16 Oct Australia shares to start downbeat tracking Wall St, NZ inches higher
Australian shares were expected to edge
lower in the morning session on Thursday, as the U.S. Fed’s
broad agreement on the need to raise borrowing costs further
threatened to reignite the fears that sparked last week’s
sell-off.
Wall Street’s major indexes edged lower after a choppy
session on Wednesday after U.S. policymakers showed agreement on
the September hike and general anticipation of further gradual
increases.
Domestic energy shares were likel
lower in the morning session on Thursday, as the U.S. Fed’s
broad agreement on the need to raise borrowing costs further
threatened to reignite the fears that sparked last week’s
sell-off.
Wall Street’s major indexes edged lower after a choppy
session on Wednesday after U.S. policymakers showed agreement on
the September hike and general anticipation of further gradual
increases.
Domestic energy shares were likel
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